Common use of Conditions Precedent to Each Credit Extension Clause in Contracts

Conditions Precedent to Each Credit Extension. The obligation of the Lenders to make each Loan and of the Issuing Bank to issue each Letter of Credit (or to amend, renew or extend (other than automatic renewal or extensions) of an outstanding Letter of Credit) on and after the Closing Date is subject to the satisfaction by the Loan Parties or the waiver of each of the following conditions precedent:

Appears in 3 contracts

Samples: Credit Agreement (Advance Holdings, LLC), Credit Agreement (Books a Million Inc), Credit Agreement (Books a Million Inc)

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Conditions Precedent to Each Credit Extension. The obligation of the Lenders to make each Loan and of the Issuing Bank to issue each Letter of Credit (or to amend, renew or extend (other than automatic renewal or extensions) of an outstanding Letter of Credit) on and after the Closing Effective Date is subject to the satisfaction by the Loan Parties or the waiver of each of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Revolve Group, Inc.)

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Conditions Precedent to Each Credit Extension. The obligation of the Lenders to make each Loan Credit Extension, including the initial Revolving Loans on or after the Effective Date, and the obligation of the Issuing Bank to issue each any Letter of Credit Issuer to issue or permit the renewal (automatic or to amend, renew or extend (other than automatic renewal or extensionsotherwise) of an outstanding any Letter of Credit) on and after the Closing Date is Credit shall be subject to the satisfaction by the Loan Parties or the waiver of each further conditions precedent that on and as of the following conditions precedentdate of any such Credit Extension:

Appears in 1 contract

Samples: Credit Agreement (Ann Inc.)

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